Bank failure · TX
Executive National Bank (San Antonio, TX) — failed November 16, 1989
Executive National Bank of San Antonio, Texas was closed on November 16, 1989 and resolved through a purchase and assumption. Hibernia National Bank in T (TX) took over its insured deposits. At failure it held $7.3M in assets and $8.9M in deposits. The FDIC's estimated loss on the failure is $2.6M (35.5% of assets).
- Closing date
- November 16, 1989
- FDIC certificate #
- 25171
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Hibernia National Bank in T
- Insurance fund
- BIF
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